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Investing
Sales at stores are suddenly surging in the US economy’s latest show of strength
The backbone of America’s economy remains solid, despite a slowing job market, elevated interest rates and still-high inflation.…
This school year is starting like the last one ended: In chaos
The new school year is already beginning where the last one ended: In turmoil.
The resignation of Columbia…
Americans are still shopping. They’re just going to Walmart
Americans are cutting back – from Disney parks to Big Macs to Starbucks coffee. But they keep shopping at Walmart.…
The war on inflation has been won. It’s OK if you’re still angry
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.
This…
Japan’s economy bounces back, supporting case for more rate hikes
Japan’s economy expanded by a much faster-than-expected annualized 3.1% in the second quarter, rebounding from a slump at the start of the year…
Berkshire invests in Ulta Beauty, Heico as it retreats from Apple
Warren Buffett’s Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the…
Columbia President Minouche Shafik steps down months after protests over Israel-Hamas war gripped campus
Columbia University President Minouche Shafik is stepping down months after protests over the Israel-Hamas war gripped the campus,…
Wally Amos, founder of Famous Amos cookies, dies at 88, reports say
Wally Amos, the charismatic founder of Famous Amos cookies, has died at age 88, according to reports.
The New…
Cisco to cut 7% of its global workforce
Cisco Systems said Wednesday it was cutting 7% of its global workforce as it shifts focus to high-growth areas.…
LA residents: Your next Shake Shack order could be delivered by a robot
If you’re a Shake Shack customer in Los Angeles, your next burger could come on a little robot with wheels.
The…